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Submission of Bids. Bids accompanied by good faith checks shall be submitted in sealed envelopes addressed to the undersigned Finance Director and marked "Proposal for the Purchase of General Obligation Bonds." Bids may be submitted by mail or delivered in person to the undersigned at the address given above and must be received by the undersigned prior to 2:30 P.M., Central Time, on June 6, 1994. Bidders wishing to call in a bid should submh the bidding documents together with the good faith deposit to the City's Finance Director, on or prior to the date of sale as follows: Mr. Willie Norfleet, Finance Director, City Hall, 6801 Delmar Boulevard, University City, Missouri 63130. If signed bid forms are received as provided above, bids may be called in up to 2:30 P.M. on June 6, 1994 by contacting Mr. Norfleet at the City Hall (314) 862-6767. A bid called in as specified above will constitute a bid received by the City. Any bidder submitting a bid by phone in the manner described above acknowledges that neither the City nor the City's Financial Advisor assumes any liability or responsibility for any inscribing or transmittat error in connection with such bid. Preliminary Official Statement and Official Statement. The City has prepared a Preliminary Official Statement, copies of which may be obtained from the Finance Director or from the City' s Financial Advisor. Upon the sale of the Bonds, the City will adopt the final Official Statement and will furnish the successful bidder with a sufficient quantity of such Official Statements within seven business days of the acceptance of the successful bidder' s proposal in order to comply with Rule 15c2-12(b)(4) of the Securities and Exchange Commission and Rule G-32 of the Municipal Securities Rulemaking Board. Tbe City's acceptance of the successful biddcr's proposal for the purchase of the Bonds shall constitute a contract between the City and the successful bidder for purposes of said Rules. Additional copies may be ordered by the successful bidder at its expense. Additional Information. Additional information regarding the Bonds may be obtained from the undersigned (314-862-6767) or from the City' s Financial Advisor, The Boatmen' s National Bank of St. Louis, Public Finance Department, One BoatmeWs Plaza, LBP 3103, 800 Market Sweet, 8th Floor, St. Louis, Missouri 63101, Attention: Ms. Pepe Finn (314-466-8388). DATED this 271h day of May, 1994. CITY OF UNIVERSITY CITY, MISSOURI By:/s/Willie Norfleet Finance Director -4-